If an anset costs $50600 and is expected to have a $4900 salvage value at the end of its 9-year life, and generates annual net cash inflows of $9200 each year, the cash payback period is O60 vears. O55 vears O 5.0 years O9.0 years

If an anset costs $50600 and is expected to have a $4900 salvage value at the end of its 9-year life, and generates annual net cash inflows of $9200 each year, the cash payback period is O60 vears. O55 vears O 5.0 years O9.0 years

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 20EB: Taos Productions bought a piece of equipment for $79,860 that will last for 5 years. The equipment...

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if an asset costs $s0600 and is expected to have a $4900 salvage value at the end of its 9-year life, and generates annual net cash inflows of $9200 each year, the cash payback
period is
O6.0 years.
O5.5 years
O5.0 years.
O9.0 years

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